He who hesitates is hesitant....which always leads to bad entries.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- #46,542
- Apr 12, 2018 4:12am Apr 12, 2018 4:12am
- Joined May 2013 | Status: formulating infinity | 2,125 Posts
90% of people, are wrong about 90% of everything, 90% of the time...
- #46,543
- Apr 12, 2018 4:14am Apr 12, 2018 4:14am
- Joined Dec 2015 | Status: Suuka Maadik | 3,630 Posts
{quote} the bull trap confirmed??? M240 {image} it looks worse on daily charts... {image}
If you are right, would mean a bull trend, maybe?
If you are wrong, the W1 MidEvil price is calling it...
and this trend line will not hold.
BTW I am selling it from around 1349, unfortunately.
The bloody sell signal slipped me with more than 3 bucks...
Somehow, I can't believe we will not dance up and down?
Until the next clean movement?
Bloody timing...
Maadik Hugiis. IQ 69.
- #46,544
- Apr 12, 2018 4:20am Apr 12, 2018 4:20am
- Joined May 2013 | Status: formulating infinity | 2,125 Posts
{quote} That is interesting. If you are right, would mean a bull trend, maybe? If you are wrong, the W1 MidEvil price is calling it... and this trend line will not hold. {image}
in my view, the play is not in gold, its in the USD Index (DXY)
at some level, im aligned with Jim Rogers, who says that that gold heads down before it heads up (on a long term/weekly/multi-quarter basis)
Mr. Rogers says it'll be under $1000, i dont know about that. My target is closer to $1130, and the ideal time frame is by September 2018.
Beyond that, i expect to see $2500, but thats probably 2019/2020/2021... so its not for the day traders (which I am not!)
But again, all eyes on DXY. If we get a weekly closing above 9090, my thesis would look like its confirmed... else, we can still faf around in this super tight range for a while longer. This market is NOT trending (yet), so people really need to keep their game tight...
trade safe
90% of people, are wrong about 90% of everything, 90% of the time...
- #46,545
- Apr 12, 2018 4:24am Apr 12, 2018 4:24am
- Joined Dec 2015 | Status: Suuka Maadik | 3,630 Posts
{quote} in my view, the play is not in gold, its in the USD Index (DXY) at some level...
I can tell you, the present movements ARE THE BEST to trade.
They are clean and long enough.
In a trend, it is a completely different
sequence...
I would love it, if we can stay like that forever...
Maadik Hugiis. IQ 69.
- #46,546
- Apr 12, 2018 4:31am Apr 12, 2018 4:31am
- Joined May 2013 | Status: formulating infinity | 2,125 Posts
{quote} its coming... probably today... hang tight!
on a short term basis, this is the next major test (IMO)
should coincide with 1343
DXY
m60
90% of people, are wrong about 90% of everything, 90% of the time...
- #46,547
- Apr 12, 2018 4:33am Apr 12, 2018 4:33am
- Joined May 2013 | Status: formulating infinity | 2,125 Posts
90% of people, are wrong about 90% of everything, 90% of the time...
- #46,548
- Apr 12, 2018 4:52am Apr 12, 2018 4:52am
{quote} a clean + confirmed break at 1343 will open up the 1321 target... probably in a hurry
He who hesitates is hesitant....which always leads to bad entries.
- #46,549
- Apr 12, 2018 6:19am Apr 12, 2018 6:19am
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
- #46,550
- Apr 12, 2018 6:32am Apr 12, 2018 6:32am
Im going to wait for the first 30-60 mins in the us session before I do anything...stupid 
Just thinking out loud but maybe (based on fibonacci levels and bad skills):
1 - down to 1337 and then up
2 - up to 1357 and then down
3 - the opposite of both since they can see our trades
But, fundamentally more likely going up I would guess?
Just thinking out loud but maybe (based on fibonacci levels and bad skills):
1 - down to 1337 and then up
2 - up to 1357 and then down
3 - the opposite of both since they can see our trades
But, fundamentally more likely going up I would guess?
Charts: XAUUSD/UJ/EU. Tools: stoch/daily pivots/fibo/channels. Scalper.
- #46,551
- Edited 7:02am Apr 12, 2018 6:41am | Edited 7:02am
- | Membership Revoked | Joined Dec 2016 | 1,824 Posts
holy fuk , makin mucho $$$ on btc/usd = sorry Wrong thread 
usd gettin slapped cuz of tweet tweed[guess who d mf twitter ist lol]
usd gettin slapped cuz of tweet tweed[guess who d mf twitter ist lol]
da n0o0b + $hit_Disturber 
- #46,552
- Apr 12, 2018 7:22am Apr 12, 2018 7:22am
- Joined May 2013 | Status: formulating infinity | 2,125 Posts
90% of people, are wrong about 90% of everything, 90% of the time...
- #46,553
- Apr 12, 2018 8:59am Apr 12, 2018 8:59am
- Joined May 2013 | Status: formulating infinity | 2,125 Posts
{quote} 89.98 on the DXY is very "pivot"al you can say
90% of people, are wrong about 90% of everything, 90% of the time...
- #46,554
- Apr 12, 2018 9:15am Apr 12, 2018 9:15am
- Joined Dec 2015 | Status: Suuka Maadik | 3,630 Posts
These are my chicken exits from today...
Almost no orders left. Maybe some 10-15 left to close...
This is bad for me, cause there will likely be more travel down.
I need to stay focused on my clouds of trades, now.
Laters.
Almost no orders left. Maybe some 10-15 left to close...
This is bad for me, cause there will likely be more travel down.
I need to stay focused on my clouds of trades, now.
Laters.
Maadik Hugiis. IQ 69.
- #46,555
- Apr 12, 2018 9:17am Apr 12, 2018 9:17am
- Joined May 2013 | Status: formulating infinity | 2,125 Posts
These are my chicken exits from today...
1321 before end of week?
90% of people, are wrong about 90% of everything, 90% of the time...
- #46,558
- Apr 12, 2018 9:29am Apr 12, 2018 9:29am
- Joined May 2013 | Status: formulating infinity | 2,125 Posts
90% of people, are wrong about 90% of everything, 90% of the time...
- #46,560
- Apr 12, 2018 9:31am Apr 12, 2018 9:31am
- Joined Dec 2015 | Status: Suuka Maadik | 3,630 Posts
{quote} 1321 before end of week?
but it looks to me it took it 19 H4s to get from 1320 to 1365?
It will need the similar amount of time to get back from 1365 to 1320?
Maybe 3 more days? From now?
Little range on Friday and Monday won't hurt anybody...
Certainly not me!
Looking forward for it!
It is painful to watch it falling and having nothing opened.
Trust me.
But this is the price I am paying to keep my DD levels low...
Maadik Hugiis. IQ 69.